You own a stock portíolio invested 19 percent in Stock Q, 21 percent in Stock R, 39 percent in Stock S, and 21 percent in Stock T. The betas for these four stocks are .91, .97, 1.37, and 1.82, respectively. What is the portfolio beta? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16 .)
You own a stock portíolio invested 19 percent in Stock Q, 21 percent in Stock R, 39 percent in Stock S, and 21 percent in Stock T. The betas for these four stocks are .91, .97, 1.37, and 1.82, respectively. What is the portfolio beta? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16 .)
Chapter8: Risk And Rates Of Return
Section: Chapter Questions
Problem 10PROB
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You own a stock portíolio invested 19 percent in Stock Q, 21 percent in Stock R, 39 percent in Stock S, and 21 percent in Stock T. The betas for these four stocks are .91, .97, 1.37, and 1.82, respectively. What is the portfolio beta? (Do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16 .)
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